Saudi Arabia suspended Osama Bin Laden's family construction firm, Saudi Binladin Group (SBG), from new projects following Friday's crane accident in Mecca that killed 107 pilgrims and injured around 400.

Saudi King Salman also banned group's executives from travelling abroad pending completion of investigation, reported AFP.

A royal court on Tuesday ordered finance ministry to review group's all projects and suspended it from undertaking any future projects, according to Al Arabia.

An investigative committee found the company 'partly responsible' for deadly crane crash. The committee blamed Saudi Binladin Group for tragic accident, suggesting negligence on the part of firm.

"Saudi Binladin Group is partly responsible for the accident and has not respected the rules of safety," investigators told state-run Saudi Press Agency, according to RT.

"The main reason for the accident is the strong winds while the crane was in a wrong position," the committee said in its report, according to Arab News.

Saudi Binladin Group was founded by the late Al Qaeda leader's father in 1930s, It is now run by Osama's brother Bakr bin Laden, according to BBC.

The accident happened on Friday when a crane crashed onto the Mecca's grand mosque. The tragic collapse occurred when Mecca - one of Islam's holiest site in the world - was preparing for the annual Hajj pilgrimage, which is scheduled to begin on September 21, HNGN reported previously.